Expedia (EXPE +4.6%) pops after Deutsche upgrades shares to Buy, citing an improving bookings...


Expedia (EXPE +4.6%) pops after Deutsche upgrades shares to Buy, citing an improving bookings conversion rate. Also, Cantor started coverage yesterday afternoon with a Buy, as part of a broader sector launch. The firm argues Expedia is reasonably priced at 9x estimated 2012 EBITDA, and thinks the online travel services firm "is still in the early stages of a business turnaround."

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs